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Exchange Announcement

[Upbit] Drift (DRIFT) New Trading Support Announcement (KRW, BTC, USDT Market)

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Exchange Announcement Bot
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  • Drift (DRIFT) has announced new trading support in the KRW, BTC, USDT market.
  • Drift only supports deposits on the Solana network, and trading through other networks is restricted.
  • DRIFT trading provides a fast and transparent trading environment through Just-in-Time (JIT) market making.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Hello. This is Upbit, the most reliable global standard digital asset exchange.

We are pleased to announce the new digital asset trading support as follows.

| Digital Asset | Market | Network | Deposit Start Time | Trading Support Start Time |

|-------------|----------------|--------|---------------------|---------------|

| Drift (DRIFT) | KRW, BTC, USDT | Solana | From the announcement time within 3 hours | Scheduled for 18:00 on November 8 |

* Please check the network before deposit. Deposits through networks other than the announced network are not supported.


Trading Restriction Notice

The trading restriction price is determined based on the market price provided by CoinMarketCap.

  • Buy Order Restriction: Buy orders are restricted for about 5 minutes after trading support.

  • Minimum Sell Price Restriction: Sell orders below 10%% of the previous day's closing price are restricted for about 5 minutes after trading support.

  • Order Type Restriction: All types of orders except limit orders are restricted for about 1 hour after trading support.

  • Please check the previous day's closing price and the latest market price through the table below.

| Digital Asset | Previous Closing Price | Latest Market Price (as of 14:30 on November 8) |

| DRIFT | 688.98 KRW | 730.67 KRW |

| DRIFT |

| DRIFT |

|----------------|----------------|---------------------------|

| 0.00000656 BTC | 0.00000692 BTC |

| 0.499 USDT | 0.5279 USDT |

Deposit Precautions

Please carefully check the deposit precautions as non-refundable deposits may take a long time to be returned.

  • Deposits are only supported through the announced network (DRIFT-Solana). Please check the network before deposit.

  • For travel rule compliance, if assets are deposited through an unsupported exchange, the deposit will not be processed, and non-refundable deposits may take a long time to be returned.

  • Deposits are only possible with personal wallet addresses that have completed 'Verification of Ownership'. Even if deposited through a linked personal wallet, deposits must be processed according to the network of the asset.

  • In case of deposits of digital assets from unidentified sources, an explanation of the source of funds may be requested. (Terms of Use Article 17, Clause 8)

Additional Digital Asset

\~\~DRIFT (Drift)\~\~

> Drift is a trading platform supporting perpetual trading on the Solana network, offering the advantages of decentralized finance with the transparency and permissionless nature of blockchain technology, while addressing the speed issues of centralized financial services. Drift supports Just-in-Time (JIT) market making, allowing for fast and transparent trading environments by executing trades within 5 seconds per order. This feature allows for quick trade settlements, and for trades that are not settled due to the absence of participants, Drift's backstop AMM ensures seamless trade processing. Drift's governance token DRIFT provides voting rights for protocol improvements and enhances governance security through staking.

> Homepage: [Drift Official Homepage](https://www.drift.trade/)

> X (formerly Twitter): [Drift Official X](https://x.com/DriftProtocol)

> Documentation: [Drift Official Documentation](https://docs.drift.trade/)

✽ If the digital asset is not displayed on PC, please check again after refreshing (F5).

✽ If the digital asset is not displayed on the Upbit App, please check again by clicking More > Screen Settings > Receive Coin Information.

Investment Risk Notice

• Digital asset investments are subject to rapid market changes due to speculative demand and domestic and international regulatory environments. The responsibility for investment decisions in digital assets lies with the individual, and potential losses are also borne by the investor. Please refer to the project homepage and official documents to fully understand the characteristics of digital assets and trade with caution.

• Due to the nature of digital asset trading, price differences between domestic and international exchanges may persist. Please be cautious of price differences before investing in digital assets.

• Upbit implements various measures such as minimum order amount restrictions to maintain a stable trading environment, but some members may experience order instability messages due to volatile investment environments. This is an unavoidable measure to process orders of the first member who placed the order and to provide stable services, so please be aware of this.

✽ Virtual assets are high-risk products and may result in the loss of all or part of the investment.

*This information is generated automatically.

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